Bertsch Jan 4
Research Summary
AI-generated summary
Regal Rexnord Director Jan Bertsch Receives RSU Award
What Happened
- Jan Bertsch, a director of Regal Rexnord Corp (RRX), was credited with 2.165 restricted stock units (RSUs) on 2026-04-14 as an award/acquisition. The filing lists a per-share reference value of $209.35, for an aggregate value of approximately $453. This was not an open-market purchase or sale but additional RSUs credited under a dividend-equivalent reinvestment provision.
Key Details
- Transaction date and type: 2026-04-14 — Award/Other Acquisition (code A).
- Price/reference value: $209.35 per share; total reported value ≈ $453.
- Shares/RSUs received: 2.165 RSUs.
- Shares owned after transaction: not disclosed in the Form 4 filing.
- Footnote: These units were credited under the dividend-equivalent reinvestment provision and are subject to the same terms and vesting schedule as the related outstanding RSU awards (see footnote F1).
- Filing timeliness: Reported on Form 4 filed 2026-04-16 (timely within the standard Form 4 reporting window).
Context
- This transaction reflects dividend-equivalent reinvestment that increases the holder’s outstanding RSUs; it is generally routine and does not indicate an open-market purchase or sale. The amount is small in dollar terms and remains subject to the original RSU vesting and other award terms.